This Week’s Winners and Losers in Crypto
Big week in crypto! Banks going down causing BTC to go up. Alts (sort of) following suit. But who are the biggest winners and losers for the week? Biggest Winner(s): Arbitrum Airdrop Participants Thursday was a big day for those eligible for the coveted Arbitrum airdrop, but there were bumps along the way. The claim site was down from almost moments when it went live, and was nearly inaccessible for hours. However, after the dust settled, the price hovered above what estimates predicted (>$1)...
Post FTX: Bananas In The Bahamas
FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creatin...
STOCK Act Gets Busted
Nancy Pelosi might not be too keen on the reformation bubbling up in her backyard. On Thursday, a new framework was released to change the policy known as the STOCK Act, aka "Stop Trading on Congressional Knowledge", which puts the onus on congressional and government leaders to disclose stock and asset purchases, in order keep transparency with the public. Historically, there have been quite a few calls on leaders to stop purchasing stocks because of the potential of insider knowledge on upc...
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This Week’s Winners and Losers in Crypto
Big week in crypto! Banks going down causing BTC to go up. Alts (sort of) following suit. But who are the biggest winners and losers for the week? Biggest Winner(s): Arbitrum Airdrop Participants Thursday was a big day for those eligible for the coveted Arbitrum airdrop, but there were bumps along the way. The claim site was down from almost moments when it went live, and was nearly inaccessible for hours. However, after the dust settled, the price hovered above what estimates predicted (>$1)...
Post FTX: Bananas In The Bahamas
FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creatin...
STOCK Act Gets Busted
Nancy Pelosi might not be too keen on the reformation bubbling up in her backyard. On Thursday, a new framework was released to change the policy known as the STOCK Act, aka "Stop Trading on Congressional Knowledge", which puts the onus on congressional and government leaders to disclose stock and asset purchases, in order keep transparency with the public. Historically, there have been quite a few calls on leaders to stop purchasing stocks because of the potential of insider knowledge on upc...
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In the good feel news of the year so far, crypto ads are no longer welcome during the most popular sporting event in the U.S.
Why?
It’s because of the spectacular implosion of FTX, which was considered the golden child of CeFi for a period of time, which also had superstar QB Tom Brady as the celebrity face of the brand.
Now, CeFi crypto have to hang their heads in shame…
…and I for one am GLAD!
CeFi entities accounted for the majority (if not all) ads in the mainstream space, as a desperate ploy to bring on more unsuspecting users to give up their hard earned cash, only for these s̶c̶a̶m̶m̶e̶r̶s̶ entities to use the funds in “unsavory” ways, which I won’t go into since we‘ve been bombarded with that news for months now.
So what will replace crypto ads in this years Super Bowl?
More beer/booze, mayonnaise, streaming services and gambling.
Which are more palatable ways to lose your money!
Written by: nikethereum.eth / Medium / Mirror
In the good feel news of the year so far, crypto ads are no longer welcome during the most popular sporting event in the U.S.
Why?
It’s because of the spectacular implosion of FTX, which was considered the golden child of CeFi for a period of time, which also had superstar QB Tom Brady as the celebrity face of the brand.
Now, CeFi crypto have to hang their heads in shame…
…and I for one am GLAD!
CeFi entities accounted for the majority (if not all) ads in the mainstream space, as a desperate ploy to bring on more unsuspecting users to give up their hard earned cash, only for these s̶c̶a̶m̶m̶e̶r̶s̶ entities to use the funds in “unsavory” ways, which I won’t go into since we‘ve been bombarded with that news for months now.
So what will replace crypto ads in this years Super Bowl?
More beer/booze, mayonnaise, streaming services and gambling.
Which are more palatable ways to lose your money!
Written by: nikethereum.eth / Medium / Mirror
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